THE NEW 

DECLARATION OF 

INDEPENDENCE 



OR 



THE DOWNFALL OF 
FINANCIAL SLAVERY 



EXPLAINING IN DETAIL 

THE COMPLETE MASTERY OF THE MONEY 
POWER BY THE COMMON PEOPLE 

AND THE 

REGAINING OF AMERICAN INDEPENDENCE 
AND PERMANENT PROSPERITY 




The 

New Declaration of Independence or The 

Downfall of Financial Slavery 

Explaining In Detail The 

Complete Mastery of the Money Power 
By the Common People 

And he Regaining of American Independence 
and Permanent Prosperity 




As Provided for in the Platform of the 

NATIONAL CAPITAL AND LABOR PARTY 

(A Modern Political Party, Supplying Modern Needs) 

The Only Party With a Definite Program, and a 

Specific, Legal and Constitutional Plan 

for Putting Into Effect 

(Copyrights) 



**&* 



COPYWRIGHT 1915 

BY W. T. PERRY, SECRETARY; F. E. BOWDEN, CHAIRMAN 

NATIONAL CAPITAL AND LABOR PARTY 



■CI.A411676 



SEP 23 19'5 



to* 



INDEX 



Plank No. 

Constitutional Amendment 1 

Fundamental Principles . 2 

Maintaining Gold Standard and Setting High Standard of Wages 3 

Land Values and Bonds Made Basis for New Currency 4 

Government to Take Over Exclusive Handling of All First Mortgages and 
Municipal, County and State Bonds Through Postal National Banks 

Operated by Government at Each County Seat 5 

Permanent Improvement of All Public Highways 6 

Government Land Titles Office to Substitute Abstract System 7 

Strict Government Supervision and Control of Public Utilities 8 

Income Tax Greatly Increased on Large Incomes 9 

Government to Manufacture All War Munitions 10 

Maintenance of Army and Navy and Increase of Coast Defense 11 

Government Hospitals at Each County Seat 12 

Compulsory Breaking Up of Large Land Holdings 13 

Present Tax System to Be Immediately Decreased and Eventually Dis- 
continued 14 

Government Elevators and Warehouses 15 

Corporations to Have Equal Protection With Labor if They Comply With 

Government Requirements 16 

Reclamation of Arid, Swamp and Waste Lands by Prison Labor 17 

A Tariff for Revenue and Protective Tariff Combined 13 

The Liquor Question Automatically Solved for All Time 19 

Conservation of Natural Resources 20 

All Labor Troubles Settled by Compulsory Arbitration .-.••• 21 

Compulsory Common School Education, Old Age Pensions and Abolishment 
of Child Labor 22 

Drastic Measures Adopted to Prevent Further Concentration of National 
Wealth, and to Reduce Present Concentration 23 

Exclusion of Foreign Laborers Except as Needed and Solicited by the 

Government 24 

All Offices to Be Filled by Direct Vote of the People 25 

Providing for Limit of Interest on Second Mortgages and Short Time Loans 26 

All Merchandise, Etc., to Be Sold Under English Names 27 

Employment, Recreation and Rest . 28 

administration of Justice and Violation of Anti-Trust Laws 29 

Bribe Giving or Offering to Be Made a Misdemeanor 30 

Merchant Marine 31 

Principles Applied to Fresno County . 32 

Summary 33 

General Results Which Will Come as a Result of the Election of the Na- 
tional Capital and Labor Party to Power . 34 



Prelude to the Platform of The National 

Capital and Labor Party ] 

WHEREAS, Owing to the fact that the present monetary system of the 
United States is totally inadequate to properly conduct modern business in 
its ever increasing magnitude, on account of the scarcity of ready money, 
caused by the manipulations of the financial magnates and their allies, here- 
inafter referred to as the '^ Money Power," thereby resulting in hard times, 
business failures, panics, unemployment, poverty, crime, etc., at such times 
and degree of severity as the money power may dictate, for the impoverishing 
to a greater or less degree of the masses, which is the establishd system for 
the increasing of the riches of the few; therefore, be it 

RESOLVED : That economic necessity demands the formation and 
founding of a new political party embracing such principles of our present 
system as are satisfactory to the masses, and, in addition, the adoption of such 
principles as will immediately bring about a new condition, one that will 
quickly and permanently abolish the question of unemployment, return to 
the American people their constitutional rights of "life, liberty and pursuit 
of happiness," and bring about a condition of prosperity never before enjoyed. 
That condition of prosperity will be permanently established as soon as 
the proper changes are made in our financial and fundamental principles of 
government, and the human race is freed from the enslaving conditions of 
capital concentration and excessive interest bearing requirements of the money 
power. But those changes which are necessary to bring about such a condi- 
tion will never be seriously advocated nor attempted to be put in operation 
by the Republican or Democratic parties, for it is painfully evident to every 
sane person that those parties are owned and controlled, as well as the gov- 
ernment itself, by the money power that has us within its strangling grasp 
just as long as the present laws and fundamental principles are in operation. 
In order to free us from this grasp, these fundamental principles must be 
changed, but this will never be done by the owners of those principles — the 
money power — through the political parties which have been compelled to do 
its bidding, therefore, it is absolutely imperative that a new political party 
be formed, this party to be made up wholly from the common people, and the 
political offices filled by the common people, and the common people to keep 
full control. This is the object and mission of the National Capital and Labor 
Party. 

At the present time we are facing a very critical situation in regard to 
the question of umemployment of the masses, which, if not shortly corrected, 
will lead to civil strife that will end very disastrously to the ruling class and 
financial magnates, who are the apparent cause of the present distressed con- 
ditions through the concentration of the wealth of the nation into a very few 
hands, and the inability of the government to render any permanent aid while 
the government is run by the ruling class. Consequently something must be 
done, and done quickly j therefore, be it 

RESOLVED : That the following platform was, at a public meeting as- 
sembled, adopted and presented to the American people for their relief and 
support. 



PLANK 1 

AMENDMENT TO THE CONSTITUTION OF THE UNITED STATES 
The Congress shall have additional powers conferred upon it, as follows : 

1. To establish Postal National Banks in connection with the post offices 
in each county seat for the purpose of carrying on a general banking business, 
and to transact the Mortgage and Bond business for the Government. 

2. To take over the exclusive handling of, and make provision for, the 
exclusive furnishing of all money for First Mortgage Real Estate Loans, and 
for Municipal, County and State Bonds at a rate of 2 per cent per annum, 
with a special rate for Highway Bonds at a rate of 1 per cent per annum. 
Highway Bonds to mature in 100 years; all other Bonds and Mortgages to 
mature in periods ranging from 5 to 50 years as desired. 

3. To issue currency designated as Land Currency for First Mortgage 
Loans, and Bond Currency for the various classes of Bonds. 

4. To open up a government Land Titles Office in each county seat in 
connection with the Postoffice and Postal National Bank, and adopting the 
Torrens system of titles. 

5. To prohibit the manufacture, handling or sale of spiritous liquors at 
a profit. 

6. To require a common school education, and prohibit child labor. 

7. To provide old age pensions through Government annuities paid in 
until reaching the age of 60 years. 

8. To permit the Government to take over iron mines, steel mills and 
other manufacturing plants, and to manufacture all munitions of Avar and 
other commodities during time of war, or whenever necessary. Also to take 
over property of persons, firms or corporations violating anti-trust laws or 
other laws, and operate them indefinitely, paying owners 1 per cent of profits. 

9. To prohibit any person, firm or corporation from owning more than 
.160 acres of land (except for public use) for speculation. All in excess of 
this amount to be required to be sold to anyone desiring to purchase, the 
price and terms thereof to be set by Government appraisers, and land cur- 
rency loaned thereon if necessary. 

10. To provide for the erection of Elevators and Warehouses (of fire- 
proof construction) for the storing of Grain, Cotton and Tobacco or other 
products of the land, for the benefit of the producers. 

11. To provide a tax on Incomes, as follows : 

1 per cent on amounts from $3,000 to $50,000. 
5 per cent on amounts from $50,000 to $75,000. 
10 per cent on amounts from $75,000 to $100,000. 
15 per cent on amounts from $100,000 to $250,000. 
20 per cent on amounts from $250,000 to $500,000. 
30 per cent on amounts from $500,000 to $750,000. 
50 per cent on amounts from $750,000 to $1,000,000. 
70 per cent on amounts from $1,000,000 to $2,000,000. 
90 per cent on amounts of $2,000,000 and over. 



12. To impose a special tax on American capital invested in foreign 
countries, and a tax on money sent to foreign countries by resident aliens. 

13. To provide for reclamation of arid, swamp and waste lands by 
prison labor, under government supervision. 

14. To provide for exclusion of foreign laborers, except as needed, and 
solicited by the Government. 

15. To provide for strict Governmental supervision of all corporations ; 
requiring annual reports imparting all necessary information, which, if not 
furnished, will debar such corporations from doing further business, under 
severe penalty of forfeiture to Government. 

16. To provide change in Criminal Laws whereby the State is to make 
all prosecutions and the County to provide defense. 

17. Providing compulsory arbitration for all disputes between capital 
and labor, the government to make full investigation and recommendation, and 
to require obeyance from both sides. 

18. To make provision for Government to refund to each County and 
State a sufficient amount of the revenue received' from interest on mortgages 
and bonds derived from said Counties and States, to cover the expenses of 
such Counties and States, which under the present system is collected by 
direct taxation. 

19. To provide for the filling of all offices by the direct vote of the 
people. 

20. To provide for a limit of interest to be charged on second mortgages 
of 3 per cent, and chattle security and short time loans of 6 per cent. 

21. To define and punish felonies and misdemeanors affecting the wel- 
fare of the Nation, and to reward the informant who gives information leading 
to the conviction of guilty parties. Such reward to be according to Federal 
laws to be enacted. 

22. In case of war to provide for compulsory enlisting for front rank 
service of any and all persons receiving an income of over $25,000 annually, 
and for those who upon vote, vote for war. After such compulsory enlisting, 
additional recruits to be asked for as volunteers. 

23. The Congress shall have power to enforce, by appropriate legislation, 
the provisions of this article. 



PLANK 2 

FUNDAMENTAL PRINCIPLES 

The welfare and progress of the American people depend upon a per- 
manent condition of prosperity. We cannot be prosperous and contented with- 
out an abundance of food, clothing and shelter, and the necessary employment 
at an American high standard of wages with which to secure these blessings, 
together with necessary time for recreation and to enjoy the pleasures of life. 
A real government of, by and for the people will make ample provision for 
rhe above necessities, and for the protection and welfare of its subjects. Up 
to the present time the Captains of Industry have taken it upon their shoulders. 
to bear this responsibility, with results known to everyone. Profit, more- 
profit, and a compounding of profits has been their motto, until the wealth 
of the nation has practically passed into the hands of the big industrial giants,, 
which has become a menace to the nation, employing the laboring classes at 
such times and at such wages as they see fit. The American people are rapidly 
becoming the financial slaves of the ruling classes, and this condition will 
lower the mental and moral standard of all who are subject to its operation. 

We have reached a point in our national existence where it becomes an 
imperative duty to the American people, as a whole, that radical changes are 
necessary for their financial and moral welfare. These changes are fully pro- 
vided for in the platform of the National Capital and Labor Party, and will 
be put into operation as soon as that party is elected to power, which present 
conditions would justify a prediction of being carried out in 1916. 

We are not contented in simply "believing in certain principles," or in 
"favoring certain principles," as is provided for in the old party platforms, 
but we are proclaiming to the American people in positive and unmistakable 
terms that we are going to carry out the principles which we advocate in our 
platform. 

Labor must have capital as a medium of exchange, and if the present cap- 
tains of finance cannot nor will not keep the wheels of commerce in operation 
(only when they see fit), which is necessary in order to provide food, shelter 
and clothing for the people, the people themselves will have to take a hand in 
the matter and make provisions for their own welfare, which is absolutely 
and thoroughly arranged for in the platform of the NATIONAL CAPITAL 
AND LABOR PARTY. 

A system that will provide food, clothing, shelter, recreation and enjoy- 
ment for the masses, which in turn will promote human progress, is vastly 
more important than a system that is producing the conditions which are now 
prevalent throughout the United States, in order that a few may revel in luxury 
and extravagance, and be masters of the masses. 

In order to make clear to everyone the reason why the name, "NATIONAL 
CAPITAL AND LABOR PARTY" was chosen, it might be well to state that 
Capital is as dependent upon Labor in every day life as Labor is upon Capital, 
neither one being able to get along without the aid of the other. The party 



name will naturally settle down to merely the "NATIONAL PARTY." The 
protection given both capital and labor will be recognized by both as a mat- 
ter of equal justice, therefore both Capital and Labor, backed by the Govern- 
ment and supervised by the Government, will stand on a footing never before 
enjoyed, and naturally will result in perpetual prosperity, which is all that 
either can ask for. 



PLANK 3 

THE PRESENT GOLD STANDARD TO BE MAINTAINED, BUT ASSISTED 
TO PERFORM FUNCTIONS BY ADDITIONAL CURRENCY AS PRO- 
VIDED—A HIGH STANDARD OF WAGES TO BE SET BY GOVERN- 
MENT. 

The present Gold Standard and medium of exchange will be maintained, 
and will not be impaired in any manner. But in addition thereto will be in- 
stituted a standard of Land Values and Bond Values, upon which will be based 
a special issue of currency designated as "Land Currency," for use in con- 
nection with First Mortgage Real Estate Loan Department of the Govern- 
ment ; also Bond Currency, for use in connection with the Bond business, mak- 
ing it unnecessary for the Government to bow at the feet of the money power 
in order to get funds with which to .open up a department for the benefit of 
the people. This same principle could, later on, if necessary, be applied to 
other departments, such as "Department of Railroads," "Telegraph" or 
"Telephone"' Inasmuch as all indebtedness has to be paid by labor, and the 
common people haA-e to do the labor, said labor can much easier and faster 
pay off the indebtedness to the Government at 2 per cent per annum on long 
time basis, than they can pay several times that rate on short time require- 
ments of the money power. 

Recognizing the fact that without labor, all other values are worthless, 
the Government will make provision for a high standard of wages in order 
that the people will be given a larger purchasing power of the goods they 
themselves produce, and not have to depend to such a large extent on foreign 
exports at a low price in order to get an outlet for our home production. This 
standard of high wages will be arranged through a special Government Com- 
mission for that purpose, to be in charge of the most competent men obtainable. 

This increasing of our medium of exchange will practically do away with 
the present system of selling on credit, as everyone will have ready money 
witli which to make their purchases. 



PLANK 4 

MUNICIPAL, COUNTY AND STATE BONDS, ALSO LAND VALUES, TO 
BE MADE BASIS FOR NEW ISSUE OF CURRENCY 

In connection with the Department for the exclusive handling of First 
Mortgages, and Municipal, County and State Bonds, the Federal Government 
will create a new issue of currency for use in furnishing of First Mortgage 
Loans on Real Estate, known as "Land Currency," and for use in connection 
with the purchasing of all Municipal, County and State Bonds, p. new issue of 
currency known as "Bond Currency." These issues of currency will be in 
the usual denominations, and will be placed in circulation only as loans are 
made or bonds are bought, and will be retired from circulation as fast as 
Loans or Bonds are paid off, thus at all times maintaining the highest class 
of security for every dollar's worth of this special currency there is in cir- 
culation, which will readily be seen does not depreciate the value of our pres- 
ent currency in any manner whatsoever. 

First Mortgage Loans will be for not to exceed 50 per cent of the actual 
cash value of the property involved, said valuation being arrived at through 
the assessor's office, and in addition expert investigation by government of- 
ficials for that purpose. 

Bond purchases will be for full 100 per cent of the face value of the Bond, 
the validity of same being definitely established by the Federal Court. 



PLANK 5 

THE GOVERNMENT TO TAKE OVER THE EXCLUSIVE HANDLING OF 
ALL FIRST MORTGAGES ON REAL ESTATE, AND THE EXCLUSIVE 
PURCHASING OF ALL MUNICIPAL, COUNTY AND STATE BONDS— 
TO FURNISH MONEY THEREFOR AT 2 PER CENT PER ANNUM- 
BUSINESS TO BE TRANSACTED THROUGH POSTAL NATIONAL 
BANKS ESTABLISHED IN CONNECTION WITH POSTOFFICE IN 
EACH COUNTY SEAT THROUGHOUT THE UNITED STATES— NO 
FORECLOSURES TO BE MADE AS LONG AS INTEREST IS PAID. 

In order to leave our present limited amount of "confidence lacking*' 
currency freer to enter into other lines of trade, which will have a healthy 
effect of increasing the demand for labor, the Government will, in addition 



to the Postal, Service, which it now controls, take over the exclusive handling 
and control of all First Mortgages on Real Estate, and the purchasing of all 
Municipal, County and State Bonds, making it a misdemeanor for any person, 
firm or corporation to negotiate any such loan or purchase any such bonds 
after a specified time set by the Government, at which time it will commence 
such business. All outstanding Mortgages and Bonds will be required to be 
turned in for cancellation and payment, and the new issue of currency will 
take their place, also new Bonds and Mortgages. Additional or Second Mort- 
gages and Mortgages on collateral security will be permitted by persons, firms 
or corporations at any time. 

The Government will furnish money for all First Mortgages and Municipal, 
County and State Bonds at 2 per cent per annum, covering periods of 5 to 50 
years as desired, interest payable quarterly, semi-annually or annually, as de- 
sired. 

In order to provide a suitable place for the transaction of this business, 
the Government will establish a Postal National Bank in connection with the 
Postoffice at each county seat, said Bank to carry on a general banking busi- 
ness, the receiving and paying department to be open from 7 a. m. to 11 p. m. 
Special government employees connected with this Bank will have supervision 
of passing on and perfecting titles, determining actual cash value of the 
property upon which loans are to be made, and the final passing of the loans, 
which shall not exceed 50 per cent of the actual cash value of the property 
upon which the loan is made. The necessary currency for making these loans 
and buying the Bonds will be furnished by the National Government at Wash- 
ington, through the Postal National Banks, but this currency cannot under 
any circumstances be first used for any other purpose than putting in circula- 
tion through First Mortgage Loans, or Bonds as provided, but after once being 
placed in circulation in that manner it becomes a general circulating medium, 
and is made full legal tender for all purposes, which gives it the same value 
as Gold, Silver or other currency. These Banks will pay 3 per cent on time 
deposits and will loan money on commercial paper or short time loans at 6 
per cent per annum, with no commissions or bonuses. 

When Mortgages or Bonds are paid off, the amount of such bond or 
mortgage will be returned to Washington in either Land Currency or Bond 
Currency, as the case may be, and such currency will then be retired from cir- 
culation until required again at some other Postal National Bank for another 
Bond or Loan transaction. This will be done for the purpose of always main- 
taining double the amount of First Mortgage Security that there is Land Cur- 
rency in circulation, and for keeping the Bonds and the Bond Currency always 
en an equal basis and for the express purpose of not impairing in any manner 
the integrity and value of the limited amount of our National Currencj^ in use 
at the present time. 

In connection with First Mortgages, the Government will require a trust 
deed in favor of the Government, covering the property upon which the mort- 
gage is made, for the purpose of additional safety in the matter of security and 
unnecessary expense in the matter of foreclosure, if such ever became neces- 



sary, but said deed will not be placed on record against the property unless de- 
fault should be made in the conditions of the mortgage. 

In case of default in paying or arranging extension of any Government 
loan when due, or any action which would allow the land to become Govern- 
ment property, then, and in that case, the government will resell the land, al- 
lowing the loan to remain against the land for a desired length of time, and 
after deducting any amount of interest and necessary expenses which may 
have been incurred during the default, will pay the balance of the selling price 
received from the new purchaser to the person, firm or corporation originally 
owning the land. 

It will be one of the functions of the Government to make it an easy and 
desirable course to pursue, for a person who is anxious to get back to the land 
and till the soil and help feed the nation. Every possible assistance will be 
given the man of moderate means who takes up government land, or who pur- 
chases other land with the intention of actually tilling the soil. 

Arrangements will be provided for the furnishing of seed grain to farmers 
who are unable to get their seed otherwise. 

A very important feature in connection with this branch of the Govern- 
ment business will be the fact that as long as a person is able to pay the 2 per 
cent interest on their loans, which they may retain as long as they care to, 
under this arrangement, it will be impossible for a person to loose their home 
or property upon which the loan is made, through mortgage foreclosure. In 
case of misfortune or disaster, thereby making it impossible for a person to 
meet their interest any year, the Government will make such extension as is 
necessary to give the desired assistance, but this extension should not be asked 
for by people only in cases of actual necessity. 

The solid and permanent foundation upon which this government must 
stand in order to promote the highest welfare of the entire people and thereby 
produce the true spirit of patriotism, is the foundation of equal justice and 
brotherhood of man. Such a foundation cannot exist under a system that 
permits one to rob another, or deprive him of the comforts of life, or to turn 
him out of his home or property. Such a procedure produces hate, envy, con- 
tempt and everything contrary to the welfare of the Nation. Such a system 
we have at present. The money power promising "good times" and produc- 
ing that which creates panics, hard times, unemployment, hunger, crime, etc., 
is nothing less than fraud, and property secured by foreclosure proceedings 
under such circumstances is obtained by fsaud, and the ones obtaining it must 
make restitution upon demand, if demand is accompanied by amount of back 
payments due at time of foreclosure. The home must be protected in order 
to protect the Nation. The Democratic administration produces conditions 
that create opportunities for the Republican party, by its owners (the money 
power), to crush the people in every way possible, and the Republican party, 
through its manner of operation, permits the Democratic party to get control 
of the Government occasionally, so that these opportunities will present them- 
selves. THIS CONDITION OF AFFAIRS MUST STOP, AND THE ONLY 
PARTY THAT CAN STOP IT IS THE NATIONAL CAPITAL AND LABOR 



PARTY, AND THE PEOPLE CAN REST ASSURED THAT IT WILL BE 
DONE. Therefore, commencing at the time the Democratic party took the 
reins of Government in their hands, all mortgage foreclosures, or contract fore- 
closures, will be taken up and such adjustments made as will place the dis- 
possessed in possession of their property and rights, together with ample 
remuneration for the suffering and inconvenience they have borne. The cost 
of this will be assessed against the parties at fault, even if it has to be taken 
to the fountain head of the cause. 



PLANK 6 

IMPROVEMENT OF PUBLIC HIGHWAYS— FUNDS TO BE MADE AVAIL- 
ABLE THROUGH COUNTY BONDS— SPECIAL INTEREST RATE 1 
PER CENT PER ANNUM— 100 YEAR BONDS. 

Owing to the extreme need of a permanent system of highly improved 
highways, to be constructed according to Government requirements and under 
Government supervision, which will better serve the people through the rural 
Postal Service, the Government will make a special interest rate of 1 per cent 
per annum on Highway Bonds running 100 years to maturity, 1 per cent of the 
principal being paid each year at the same time as the interest is settled. The 
usual Bond Currency will be made available for this purpose. The validity of 
the Bonds will be determined by the Federal Court. 

This is going to prove one of the most popular pieces of legislation that 
was ever devised. It will be the means of giving the entire United States the 
best system of highways in the world, improved in the most scientific manner, 
with a view of obtaining greatest lasting qualities. The total cost will be ap- 
proximately only about $80 per mile annually in interest and sinking fund 
with which to mature the bonds at the end of 100 years. This s,\ stem will im- 
mediately make lands which are now situated along poorly constructed high- 
ways and long distances from thickly populated centers, increase to double or 
treble their present valuation and usefulness, and will make such lands in 
demand, thereby causing a ready sale for same, which will be further ac- 
celerated through the system of Government loans being available upon such 
lands. It is utterly impossible to make even a rough estimate on the results 
which will ensue because of the vast possibilities which such a plan opens up. 
The present population of the United States will be utterly inadequate to 



carry on the business and furnish the labor which will be required to be done. 
Our plan of restricting the class of immigrants coming to this country will 
give us only the desired class of people which will constitute the make-up of 
the nation. It will be the means of doing away entirely with the unemployed, 
and the demand for labor will be something enormous, and when this is done 
the present condition of restlessness and discontent will be a thing of the 
past. Our production capacities will be kept busy caring for home consump- 
tion, owing to a much larger purchasing power of the masses, brought about 
through higher standard of wages required by Government. 

Vast amounts of First Mortgages will be made at 2 per cent which would 
not now be made at all, and for which at this time no funds are available, on 
account of our having outgrown our financial system, and further owing to 
the fact that the present system has produced a condition which permits ol 
the centralization of practically all the wealth of the nation into a very few 
hands, with the outcome known to all, which is not pleasant to meditate upon. 

Vast and intense opposition will be made by the ones who are profiting 
by the present order of business and who desire to perpetuate the present sys- 
tem of financial slavery. But the system is doomed, and the people will, 
through the principles advocated by the NATIONAL CAPITAL AND LABOR 
PARTY, see an avenue of escape that will redeem American citizenship and 
restore American institutions to a basis unobtainable through any other source. 

BEWARE of the person who advocates the perpetuation of the present 
distressing conditions. 



PLANK 7 

TORRENS SYSTEM OF LAND TITLES TO BE ADOPTED, AND TO BE 
HANDLED EXCLUSIVELY BY THE GOVERNMENT, WHICH WILL 
SUPPLY CERTIFICATES OF TITLE SAME DAY AS REQUESTED 
AT COST OF ONLY $1.00. 

In order to facilitate the handling of business, and to minimize the need- 
less expense and unnecessary loss of time which is now customary in all mat- 
ters pertaining to land titles, the Government will, at each county seat, open 
up in connection with the Postal National Bank in the Federal Building, when 
it is possible to do so (or in a separate building when accommodations at the 
Postoffice will not permit, but in either case a fireproof building and vault 



must be provided of sufficient size to properly care for all records), a new 
and complete system of land titles, known as the Torrens system of titles. To 
change from the present system to the Torrens system will require an examina- 
tion and perfecting of titles by the Federal Court, which will be done without 
expense to the land owner, and when title is perfected, transfer will be made 
to the Land Titles Department, after which no abstract will be necessary, as 
the Government will, upon payment of a fee of $1.00, issue upon request of 
anyone a certificate showing who is the owner of any specified piece of prop- 
erty, and the amount of indebtedness against the property, and to whom due. 

The Torrens system of titles is a modern, up-to-date system that does away 
with the high cost of the abstract system, and should be adopted the world 
over. Under such a system, the certificate of title issued by the Government 
is absolutely reliable, for the Government is behind the document. 



PLANK 8 

STRICT GOVERNMENT SUPERVISION OF PUBLIC UTILITIES 

If the Government is capable of successfully handling the Mails and Par- 
cels Post, and also the Postal Savings Bank Department, which it now does, 
we contend that it can, with equal success, at least assume the supervision of 
the Public Utilities, such as the Railroads, Telegraph, Telephone, etc. 

When a railroad becomes so incapably managed that it becomes bank- 
rupt, it is immediately taken over by the Government under Government Re- 
ceivership, and brought to a successful condition. Gigantic engineerings and 
undertakings like the Panama Canal and the Alaskan Railroad, and the River 
and Harbor Improvements are all. successfully carried out. Immense irrigation 
projects beyond the capability of ordinary business men are taken over and 
brought to a successful completion by the Federal Government. 

Such being the case, the NATIONAL CAPITAL AND LABOR PABTF 
feels that the Government is perfectly capable of taking over the Public 
Utilities at any time it is deemed best, and the time will probably come when 
it may be a necessary thing to do. But at the present time the NATIONAL 
CAPITAL AND LABOR PARTY does not advocate the taking over of these 
public utilities, but does advocate and positively will pass laws placing all 
public utilities, as well as all other corporations, under a very strict Govern- 
ment supervision that will answer every purpose that Government ownership 
would do. 

When it becomes necessary to take over the public utilities as a Govern- 
ment enterprise, it will be necessary to squeeze out an immense amount of 
watered stock, and in doing this, financial loss will result to a large number 
of people. 



With sober thought and consideration, one will arrive at the conclusion 
that Government ownership of the public utilities at this time would be a very 
unwise course for the common people to pursue. Under present conditions a 
large number of railroads and other public utilities are going to go bankrupt, 
and this is the reason this course of procedure is being so vigorously advocated 
by the ones who want to see the whole proposition unloaded upon the Gov- 
ernment, and at the same time give the money power another opportunity to 
Joan the government billions of dollars at a high rate of interest in order to 
line the pockets of the corporation magnates, and put a still larger yoke o£ 
bondage upon the people for them to stagger under. "Give the public utilities 
calves more rope and they will hang themselves," and the Government can 
then take over the bankrupt public utilities and operate them for the benefit 
of the public and the stockholders who have actual money invested, without 
putting a dollar into the purchasing of them. After the "water is all squeezed 
out," the stockholders who have actually invested real money can be paid a 
small rate of interest on their investment, when the proposition is brought to 
a profit producing basis. In the meantime, the gross mismanagement and mis- 
appropriation of funds can be determined by the Government, and the guilty 
ones punished in a manner that will put a stop to the practice. 

At the present time strenuous efforts are being made by certain financial 
interests to unload upon the GoA^ernment and the American people the rail- 
roads of the Nation. According to the very best authority upon such subjects 
we are advised that sinec 1904 the railroads of the country have lost, through 
lower passenger and freight rates, higher cost of operation, higher wages paid 
to employees and arbitrary reduction of mail pay, a total of $470,210,000. This 
has caused a large number of railroads to become practically bankrupt, with 
bankruptcy staring them squarely in the face. The transcontinental railroads 
have already lost much traffic on account of the Panama Canal and the low 
rates by water. In addition to this the Interstate Commerce Commission has 
ordered a 25 per cent reduction in railroad rates from Pacific Coast tidewater 
to interior points. Is it any wonder there is a tremendous howl from certain 
financial interests to unload upon the Nation and the American people an un- 
profitable investment which is vastly over-capitalized and '"watered" until 
there is no possible chance to make a legitimate income. 

Any person with ordinary common horse sense knows that it would be 
suicidal for the nation to consider any such move as to take over the railroads 
from the unfortunate holders at this time. 

The Interstate Commerce Commission says ' ' the Rock Island Railroad has 
been looted of $20,000,000." What is true of the Rock Island is true of many 
other lines, and this, together with the high salaries paid to worthless officials, 
is one of the main reasons the railroads are going bankrupt. The "looters" 
of the railroads must be prevented from "looting the Government" out of 
billions of dollars, and from wrecking the nation, which is their aim to do. 
The National Capital and Labor Party stands utterly opposed to any such 
proceedure, for it champions the cause of the common people. The common 
people must stand by this party with all their force and strength. 



PLANK 9 

INCOME TAX TO BE MAINTAINED— SPECIAL TAX ON AMERICAN 
CAPITAL INVESTED IN FOREIGN COUNTRIES, AND TAX ON 
MONEY SENT TO FOREIGN COUNTRIES BY RESIDENT ALIENS. 

The present income tax will be maintained, except that it will be increased 
as follows : 

I per cent on amounts over $3,000 and not exceeding $50,000. 
5 per cent on amounts over $50,000 and not exceeding $75,000. 
I 10 per cent on amounts over $75,000 and not exceeding $100,000. 
15 per cent on amounts over $100,000 and not exceeding $250,000. 
20 per cent on amounts over $250,000 and not exceeding $500,000. 
30 per cent on amounts over $500,000 and not exceeding $750,000. 
50 per cent on amounts over $750,000 and not exceeding $1,000,000. 
70 per cent on amounts over $1,000,000 and not exceeding $2,000,000. 
90 per cent on amounts of $2,000,000 and over. 

In order to keep American investors as much as possible from making 
their investments in foreign countries instead of using their capital for the 
development and exploitation of the American resources, the Government will, 
under the NATIONAL CAPITAL AND LABOR PARTY'S administration, 
pass Federal Laws imposing a special tax of 25 per cent of the net income re- 
ceived on such foreign investments where the investment is less than $1,000, 
and 50 per cent of the net income where the investment is over $1,000. Also 
50 per cent of the principal if not properly reported on Income Tax Returns. 

A large amount of money is being annually sent to foreign countries re 
siding in the United States, which is a detriment to this country, inasmuch as 
there is nothing received for it in return. To discourage this practice the 
Government will pass Federal laws imposing a tax of 10 per cent on this 
nature of business, and will require that each alien sending money to foreign 
countries deposit with the Government for five years, the same amount of 
money which is being sent, for which the Government will pay interest at 3 
per cent per annum, the same as on time deposits at the Postal National Banks. 
Provision will be made for heavy fine for any bank or express company aiding 
to evade this law. 



PLANK 10 

THE U. S. GOVERNMENT TO MANUFACTURE ALL MUNITIONS OF 
WAR, AND TAKE OYER IRON MINES, STEEL MILLS AND OTHER 
PLANTS AND OPERATE FOR GOVERNMENT DURING TIMES OF 
WAR. 

It shall be the duty of the Government in case of war with any other 
nation, or at any other time deemed necessary, to take over such Iron Mines, 
Steel Mills and other plants as may be necessary in the manufacture of Avar 
munitions and equipment, also Powder manufacturing establishments, same 
io be operated by the Government until the close of hostilities, at which time- 
they may be turned back to the original owners, or retained by the Government 
and reimbursement made for same. 

If retained by the Government these plants can readily be utilized for get- 
ting out equipment for Government Railroads, Telegraph and Telephone Lines, 
which will reduce the cost of material used for such purposes. 



PLANK 11 

MAINTENANCE OF ARMY AND NAVY AND HEAVY INCREASE OF 
COAST DEFENSE. 

The only reasonable excuse for the maintenance of the Army and Navy, 
involving a colossal expenditure therefor, is for keeping peace and order on 
jand, and for the protection of American interests on the water, and the pro- 
tection of our coasts from an invading enemy. In our semi-civilized condition 
we are compelled to still cling to this relic of barbarism as a matter of self- 
protection, trusting and hoping that in the not distant future our enlighten- 
ment will reach a point where such savagery can be dispensed with. 

However, until we reach that state of civilization it will be necessary for 
the NATIONAL CAPITAL AND LABOR PARTY to maintain both the Army 
and Navy at a point of efficiency, and to especially maintain a fleet of power- 
ful submarines and air craft (which recent history proves to be the most ef- 
ficient implements of war), for the purpose of a highly efficient coast defense 
from the invasion of an enemy. The NATIONAL CAPITAL AND LABOR 
PARTY stands utterly opposed to war in any form, and will use every effort 
lo promote world-wide peace and complete disarmment of all nations. 



War is a curse to civilization and a hindrance to the progress of the 
human race, for in practically every instance it is brought about for financial 
conquests by the ruling class. The best blood of the nation has always been 
shed in these conquests, and life, liberty, property and family ties are swept 
away before the greed of war, and the money power that is always behind it. 
Cities are demolished, and fields are devastated without the least consideration, 
and the profits of the money power grow greater and greater. Nations are 
overloaded with war loans upon war loans at a high rate of interest, which 
must eventually be paid off by the ones who were fortunate enough not to be 
killed in the bloody conflict. The money power alone profits by this awful 
carnage. The money power alone (comprising the idle rich and the financial 
magnates) avoid any contact with war conditions causing bodily harm. 

The NATIONAL CAPITAL AND LABOR PARTY realizes that in times 
of war the husband is ruthlessly separated from the wife, the lather from his 
children, the laboring man from his employment, and the home broken up, 
causing mental anguish and distress, and it further realizes that the idle rich 
and financial magnates should be accorded the same treatment, and to this 
end the NATIONAL CAPITAL AND LABOR PARTY pledges itself that in 
case of war, all recruiting necessary over and above the regular Army and 
Navy, will be secured through the compulsory enlisting of persons, as follows : 

First, all persons having an income of over $500,000 per annum. 

Second, all persons having an income of over $100,000 per annum. 

Third, all persons having an income of over $50,000 per annum. 

Fourth, all persons having an income of over $25,000 per annum. 

Fifth, all persons necessary, but not included in the above, and who upon 
a vote of the nation vote for war. 

It will also require the entire wealth of the first four classes, less an ex- 
emption of $3,000, said wealth to be dedicated to the use of the Government 
in prosecution of the war, for which the Government will pay a war loan 
rate of one-tenth of 1 per cent per annum. In case of pretended sickness or 
inability to serve the national defense, the property and wealth of any of the 
first four classes, less exemption of $3,000, will be required by tke government 
without compensation. 

In order to determine the location of the individuals above mentioned, 
the Federal Income Tax returns will be used. These individuals will be re- 
quired to serve in the front ranks on the battlefields, as long as the war lasts 
or they survive. This provision will make war very unpopular with the ruling 
classes, and will do away with it entirely. 

Except in times of war, the soldiers of the regular army will be used for 
police duty and forest service wherever they are needed, thus putting them 
to useful employment. 

It will be the duty of the government to give such military training to 
each soldier in the regular army and navy as will fit him for duty as a leader 
or commander in such emergencies as mobilization of troops for active war- 
fare with another nation, and this will require a much smaller standing army 
than otherwise would be necessary. 



PLANK 12 

GOVERNMENT HOSPITALS TO BE ESTABLISHED AT EACH COUNTY 
SEAT— MEMBERSHIP TO BE ARRANGED BY GOVERNMENT COM- 
MISSION, WHICH WILL ENTITLE MEMBERS TO FREE HOSPITAL 
CARE, MEDICAL ATTENDANCE, SURGICAL TREATMENT IF 
NECESSARY, AND CONSULTATION AND MEDICINE FOR MINOR 
SICKNESS UPON CALLING AT HOSPITAL. 

The NATIONAL CAPITAL AND LABOR PARTY administration will 
make provision for the erection of Government Hospitals at each county seat 
(fireproof construction) for the care of members holding memberships which 
will be arranged by Government Commission, entitling the holders thereof to 
free medical attendance, surgical treatment, hospital care and consultation 
and medicine for minor sickness, upon calling at the Hospital. 

Government physicians will render every possible aid to the people to 
enable them to keep well. 



PLANK 13 

BREAKING UP OF LARGE HOLDINGS OF LAND HELD FOR SPECULA- 
TION, AND THE RENDERING OF GOVERNMENT AID FOR THE 
MAN OF SMALL MEANS GETTING STARTED IN AGRICULTURAL 
PURSUITS; ALSO RESTORATION FOR ENTRY" OF ALL LAND IL- 
LEGALLY SECURED FROM THE GOVERNMENT, BY CANCELLA- 
TION OF PATENTS AND PUNISHMENT OF CRIMINALS INVOLVED. 

It will be the policy of the Government, under the NATIONAL CAPITAL 
AND LABOR PARTY administration, to discourage larger holdings of land 
than one is able to successfully till. To bring about such a condition, pro- 
vision will be made whereby compulsory sale will be required from any owner 
of more than 160 acres of agricultural land, whether timbered or not, which 
must show evidence of being tilled, or good evidence of soon becoming tilled. 

Where land that is being held for speculation, legally acquired, thereby 
retarding the development of the community, is desired by anyone wishing to 
improve and till the same, such party must make application to the proper 
Government officials connected with the Mortgage Loan Department for an 



appraisal of the value of the land desired, whereupon the owner will be re- 
quired to sell the desired amount to the person wishing to till the same, the 
price and terms being based upon the valuation set by the Government In- 
spectors. If necessary, the Government will loan 50 per cent of this valuation 
upon the land for improvements or in part payment for the land as required, 
said loan being paid in Land Currency made available for that purpose, as 
explained in Plank No. 5. 

That large amounts of land have been illegally obtained from the Govern- 
ment by fraudulent representations, no one can deny. Evidence is now being 
secured which will give back to the American people millions of acres of such 
land usder homestead entry, and proper punishment will be given the crim- 
inals originally obtaining such land by fraudulent means. The homesteading 
of such restored lands will be by drawings, the same as has been done in open- 
ing of Indian lands, and any previous sale to purchasers will not give the pur- 
chaser the legal ownership, owing to the patent having been obtained by fraud. 
Vast acreages of such lands are located in California, also in other States, 
especially in Western States. 



PLANK 14 

MUNICIPAL, COUNTY AND STATE TAXES TO BE GRADUALLY DIS- 
CONTINUED, AND TO BE ENTIRELY SUPPLANTED BY THE 
REVENUE FROM INTEREST ON FIRST MORTGAGES AND BONDS- 
SURPLUS TO GO TO GOVERNMENT— ALSO ALL TAXES FOR AUTO- 
MOBILE LICENSES AND CORPORATION TAXES TO EVENTUALLY 
BE DISPENSED WITH. 

The most careful examination of statistics, together with the most con- 
servative estimates of new business which will be created through the Gov- 
ernment taking control of the Mortgage and Bond business of the Nation, 
makes it reasonably certain that within a very few years, at the longest, the 
entire amount of taxes on real estate and personal property, as now collected, 
can be entirely discontinued, as the interest revenue from the mortgages and 
bonds and the enormous revenue from Income Tax will reach an amount 
which should be in excess of such requirements. Taxes will be reduced at 
once on account of the reduction in interest rates on the bonded indebtedness 
of each county and municipality, when such bonded indebtedness is taken over 



by the Government, under the new interest rates. This item of business alone 
will put a vast amount of new money in circulation, for the money which is 
displaced by the Government Bond Currency will naturally be looking for au 
opportunity to become interest producing, and this old familiar financial and 
higher interest producing gag, known as "lack of confidence,'' will soon be- 
come a thing of the past. 

All taxes of every kind are the result of our standing on a wrong founda- 
tion. The system under which we live, having permitted the concentration of 
all our national currency into the hands of the few, has brought about a con- 
dition that was not foreseen at the time the foundation was laid. However, 
the mistake was made, and the result is known to everyone. There is only one 
way in which to rectify that mistake, and that is to change our method of 
doing business. We must pay our interest on our mortgages and bonds to the 
Government, instead of to the money power, take back from the money power 
through heavy taxation, the most of its annual profit, and make our Govern- 
ment one of, by and for the whole people, instead of, for and by the money 
power. This will wipe out our taxes of all kinds in a very short time. We 
are now taxed very heavily to feed the ravenous appetite of the money power, 
and taxed again for our overhead expenses. It is for your interest to abolish 
the tax to the money power. 



PLANK 15 

GOVERNMENT ELEVATORS AND WAREHOUSES (FIREPROOF CON- 
STRUCTION) TO BE ERECTED FOR STORING GRAIN AND OTHER 
PODUCTS OF THE LAND, ALLOWING SUCH PRODUCTS TO BE 
MARKETED GRADUALLY, THUS MAINTAINING A STEADY 
MARKET. 

One of the most distressing conditions which the farmer has to contend 
with is the ever falling prices which he faces until his crops are all, or practi- 
cally all, marketed. After the crops are in the hands of the middleman, the 
manipulations commence to take place, and usually have an upward tendency 
until the next crops are due to be harvested, then the usual decline commences 
to take place. The necessary steps will be taken which will prevent such 
manipulation taking place, thus giving the producers better marketing con- 
ditions and better prices for their products. 



This condition will be avoided by the proper Government aid of supplying 
proper storage facilities in fireproof constructed Elevators and Warehouses, 
marketing the crops as needed, and maintaining a steady price for the pro- 
ducer. A reasonable storage charge will be made for the service, which would 
be made up several times over by the increase in the prices received. The 
storage charge would cover only a reasonable rate for the interest on the cost 
of equipment, plus maintenance and upkeep. 

If necessary, the Government will, under the NATIONAL CAPITAL AND 
LABOR PARTY administration, issue a temporary emergency currency for the 
handling of the crops, the same as was done by a recent Republican adminis- 
tration during one of their regular panics, but such a condition would be im- 
probable, for the reason that with the Land and Bond Currencies in circula- 
tion in addition to our regular limited medium of exchange, there should be 
•no call for any further help along this line. The producers and laborers can 
rest assured that the program of the NATIONAL CAPITAL AND LABOR 
PARTY will give them the desired advantages which they have been contend- 
ing for under the present system through labor unions and organizations, and 
which are not obtainable as long as the Money Power is in the saddle, riding 
our backs. 



PLANK 16 

CORPORATIONS TO HAVE EQUAL RIGHTS AND PROTECTION WITH 
LABOR, BUT TO BE UNDER A MORE STRICT GOVERNMENTAL 
SUPERVISION THAN AT PRESENT— THOSE NOT SO COMPLYING 
TO BE TAKEN OVER AND OPERATED FOR THE BENEFIT OF THE 
EMPLOYEES. 

Corporations are a vital necessity to commercial progress. Without them, 
great undertakings would never be started which now are and brought to a 
successful condition. Practically all labor, except on farms, is employed di- 
rectly or indirectly through corporations, therefore they must be considered 
one of the essential features of commercial life. 

The NATIONAL CAPITAL AND LABOR PARTY will pass Federal 
Laws giving ample and equal protection with labor, and will require from all 
corporations annual reports, setting forth their condition and all necessary in- 
formation. Corporations with tangible assets, based on legitimate business. 



and complying with all of the Government requirements, will be given Federal 
endorsement that will be of much more assistance and help in securing finan- 
cial aid, than any "blue sky" permit will help them under the present method 
of doing. This manner of doing business will strongly appeal to every legiti- 
mate corporation, and it also should appeal to the man of much means as a 
safe avenue for investing his money in American institutions. The money 
which is now invested in First Mortgages, and Municipal, County and State 
Bonds will in that way find a safe and legitimate avenue of investment under 
Government supervised corporations that will pay a higher rate of returns 
than either Bonds or Mortgages. 

Corporations will be required to pay the American high standard of 
wages, and will be given every possible Government assistance to enable them 
so to do, and to make a legitimate dividend showing for the benefit of the 
American investor in American securities, thereby keeping American money 
invested at home, but they will not be permitted to make exorbitant profits 
and stock manipulations to cover it up with stock dividends, as is done now. 

A Government Commission will determine the rights and privileges of 
corporations, and to what limit they may consistently go, and what assistance 
the Government can be to them in order for them to come up to the require- 
ments which will have to be met, and to satisfy both the general public and 
the stockholders. 



PLANK 17 

RECLAMATION OF ARID LANDS, SWAMP LANDS AND WASTE LANDS 
OF THE DIFFERENT STATES BY THE PRISON LABOR OF SUCH 
STATES, UNDER GOVERNMENT SUPERVISION. 

The Government will, under the NATIONAL CAPITAL AND LABOR 
PARTY, make provision for the reclamation, for the benefit of the various 
States, of the arid, swamp and waste lands of such States, using the convict 
labor of the various States, under Government supervision. Such a plan 
would directly benefit the district where the reclamation was carried on, and 
would add many thousands of dollars valuation to the States in question, and 
from a humanitarian point of view would be a blessing to the convicts who 
were permitted to enjoy outdoor labor, and at the same time they are not 
doing work that competes with the free man. 



PLANK 18 

TARIFF FOR REVENUE, AND A PROTECTIVE TARIFF COMBINED 

A "tariff for revenue only," as advocated by the Democratic party, 
lacking the financial backing of the Money Power which is always denied 
that party, invariably results in hard times, unemployment, hunger, crime, 
etc., while a "protective tariff," advocated by the Republican party, follow- 
ing the depression of a Democratic administration, thereby giving the desired 
opportunity to the Money Power to demonstrate its willingness to multiply 
and increase its power after having caused losses of millions or billions of 
dollars to the masses, invariably produces a spasmodic and temporary condi- 
tion of prosperity until such times as the storehouses are filled with the goods 
which the masses have produced, and which, through a system of low wages 
producing immense profits, has not given the masses sufficient purchasing 
power to buy back only a small portion of the goods which they have pro- 
duced. When such a condition arrives, it is known as a "financial panic." 
These panics occur under Republican administration just the same as under 
Democratic, showing the incapability of either party to produce continuous 
prosperity. 

A new plan, known as the Federal Reserve Banks, was adopted by the 
last Democratic administration for the promised purpose of relieving the 
financial situation. Whether or not this plan has produced the desired result 
to the masses, will be left for them to decide for themselves. Comment is un- 
necessary. And whether or not the upkeep of this expensive function will be 
maintained, or will even be necessary with a Postal National Bank in each 
county seat in the United States, when the simplified business plan of the 
NATIONAL CAPITAL AND LABOR PARTY is put in operation, will be 
left for the people to decide. If there is no need of it, it certainly will be 
discontinued. 

The fact that we will always need a tariff for the protection of American 
laborers as against foreign laborers, no one will attempt to deny, but the 
people can positively depend on such tariff laws being enacted as will produce 
conditions favorable to the steady employment of the working man or woman, 
who shall receive the full benefit of all protective tariff, and not the money 
power, as the Republican party provided for. 

Regarding the tariff for revenue. Owing to the fact that the Government 
will take over the exclusive handling of the First Mortgages on Real Estate, 
and the Municipal, County and State Bonds and the furnishing of the new 
currency therefor, this item of revenue is going to reach a colossal sum, 
which will require a general re-adjustment of the tariff for revenue, and it 
cannot therefore be foretold at this time just what will be necessary. But 
with a revenue of millions of dollars to the Government from the interest on 
First Mortgages and Bonds, after remitting to the States and Counties the 
amount necessary for their expenses, and a revenue of millions of dollars 
which will be obtained from the income tax and tax on foreign investments, 



it is safe to estimate that the present duties on the necessities of life which 
we cannot produce will be lowered to such an extent that the commodity will 
be cheapened, and the duties on the goods which are manufactured or raised 
here will be adjusted to the point where their importation will work to a 
benefit to the American workman. 



PLANK 19 

THE LIQUOR QUESTION AUTOMATICALLY SOLVED 

The revenues derived by the Government from the liquor traffic will have 
to eventually be made up from other means. Many States having made the 
traffic illegal, and, in addition, the doctors and scientific men having decided 
that whiskies and brandies are no longer to be classed as a medicine, tha 
medical law book, the "United States Pharmacopoeia" will no longer carry 
whiskies and brandies as medical properties. 

The NATIONAL CAPITAL AND LABOR PARTY therefore not only 
advocates, but will promptly pass laws, making it a misdemeanor, punishable 
by both a heavy fine and imprisonment, for any person, firm or corporation 
to make, handle or sell spirituous liquors at a profit. 

It will not, however, debar any person from making liquor or brandy for 
their own personal use, but will hold every person so making, giving away, 
or using, personally responsible for any damage caused by such making 
and use. 

One -third of the cash fine imposed upon any person for the violating ol ? 
this law will be paid to the informant when the prosecution is completed. 



PLANK 20 

CONSERVATION OF NATURAL RESOURCES AND DERIVING OF 
REVENUE THEREFROM. 

It will be the policy of the Government under the NATIONAL CAPITAL 
AND LABOR PARTY to conserve more fully the natural resources, such as 
timber in the Forest Reserves by the replanting of devastated forests; min- 
erals, including oil, and the water powers on Government land and Forest 
Reserves. 

Where it is advisable to do so, the Government will, as a source of 
revenue, open up, develop and operate such natural resources as is deemed 
advisable, furnishing employment to a vast number of people, and a revenue 
to the Government besides. 

Provision will also be made for a revenue to be derived from the mineral 
and oil production of the United States in the way of a small royalty on the 
production, which must come out of the net profits, and not be added to the 
consumer's cost. If any case is found where this provision is violated and 
this royalty is added to the consumer's cost, the property or plant will be 
taken over by the Government and operated indefinitely for the benefit of 
the Government and the employees, the owners to be reimbursed for actual 
value of the property or paid a small royalty on the production, as is deemed 
best by the Government officials who will have charge of same. 



PLANK 21 

ALL LABOR DISPUTES TO BE SETTLED BY ARBITRATION— CLOSING 
DOWN OF BUSINESS BY AN EMPLOYER ON ACCOUNT OF LABOR 
TROUBLE, AND STRIKING BY EMPLOYEES FOR ANY CAUSE WILL 
NOT BE PERMITTED UNTIL THE GOVERNMENT HAS MADE AN 
INVESTIGATION— BOTH SIDES MUST THEN BE GOVERNED BY 
THE FINDINGS, AND CARRY OUT FEDERAL INSTRUCTIONS. 

One of the greatest menaces to the public welfare is the question of labor 
disputes, strikes, etc., which is fast becoming a question of huge proportions. 
Present indications are much more favorable for greater trouble in the future 
than we have seen in the -past. 



In all cases where capital is treating labor with fairness there is little, 
if any, complaint on the part of labor for betterment of conditions. When a 
strike is called and a laboring man is deprived of his opportunity of employ- 
ment, and the employer is also deprived of his opportunity of carrying on 
his business, financial loss results to both, which is an injustice to both, con- 
sequently it is wrong. Prosperity and progress cannot be enjoyed when such 
conditions prevail. "Life, liberty and pursuit of happiness," which is guar- 
anteed by the Constitution, becomes a farce, and is lost sight of in the con- 
flict. Some means must and. will be provided for reducing this kind of a con- 
dition to a minimum. 

Under the NATIONAL CAPITAL AND LABOR PARTY administration, 
either the employees or the employer may petition the Government to make 
an investigation of their conditions, whereupon a commission will be sent to 
make an investigation and authorize such changes as conditions will warrant, 
such authorization to be binding upon both employer and employee. 



PLANK 22 

COMPULSORY COMMON SCHOOL EDUCATION— ABOLISHMENT OF 
CHILD LABOR— CONDITIONS FAVORABLE FOR STEADY EM- 
PLOYMENT DURING ACTIVE LIFE AND OLD AGE PENSIONS. 

In order to improve the mental and moral standard of the American 
people through educational facilities and opportunities, and to abolish child 
labor, which is a partial cause of the unemployed problem, it shall be the duty 
of the Government to pass laws prohibiting children being employed for wages 
except during vacation periods, until they have completed the common school 
branches of education. Violation of this law by an employer will be punish- 
able by a suitable fine or imprisonment, or both. 

Child labor deprives the child of the necessary instructions fitting it to 
become the highest type of American citizen, also displacing the labor oppor- 
tunities for men and women and is, therefore, a menace to the welfare of the 
Nation. With child labor displaced, men and women will take their places 
who will be in a position to then support and bring up the children in a man- 
ner that will make them better citizens, and better fitted to battle with the 
problems of life. Therefore, an employer who employs children before they 
complete the prescribed course of study, in order to pile up profits which 
would be less if children were not employed, is a destroyer of American man- 
hood and American womanhood, both for the present and in the future, and 
in so doing is placing the value of the Almighty Dollar on a higher level than 
he does the American Citizen and the American Nation. 



PLANK 23 

A STARTLING CONDITION MADE PLAIN BY THE INCOME TAX RE 
TURNS— SHOWING THE INEVITABLE OUTCOME OF THE PRES- 
ENT CONCENTRATION OF WEALTH. 

A most startling condition is shown in a statement made by Secretary 
McAdoo of the United States Treasury dated October 22, 1914. After showing 
the classification of a number of returns from an income of $2,500 up to 
$100,000, the statement shows the balance of the schedule, as follows: 

Classifications No of 

Returns 

$100,000 to $150,000, 785. 
$150,000 to $200,000, 311. 
$200,000 to $250,000, 145. 

$250,000 to $300,000, 94. 
$300,000 to $400,000, 84. 
$400,000 to $500,000, 44. 

$500,000 to $1,000,000, 91. 
$1,000,000 and over, 44. 

Let us divide this list into three classes. First take the 91 persons making 
returns of having an income of from $500,000 to $1,000,000, calling the average 
$750,000, and the 44 persons with an income of over $1,000,000, calling the 
average $1,250,000 (which is a low average for that congregation of multi- 
millionaires of which John D. Rockefeller is one), and we have a total an- 
nual income of $123,250,000, which will require only 28 years for these 135 
eminently respectable gentlemen to get under absolute control and ownership 
ALL THE MONEY OF THE NATION. 

Taking the next division and using the averages as above for the 94, 84 
and 44 persons, respectively, and adding to the first two mentioned, will bring 
in an annual income of $198,300,000, which will require only 16 years to get 
control and ownership of ALL THE MONEY OF THE NATION. 

Going one step further and adding the first three classifications at the 
top of the group, viz., 785, 311 and 145, to the other two divisions, will make 
a grand total and certainly a "grand income" of $383,475,000 annually, re- 
quiring less than nine years for this group of 1,598 men to get absolute own- 
ership and control of ALL THE MONEY OF THE NATION. 

You can readily commence to understand why it is that times are com- 
mencing to be so tight, and why it is that the banks are so very particular 
t md careful about letting out money only to some favored few, and are ad- 
vising their depositors not to make loans. The ordinary banks are at the 
mercy of the money power just the same as the small merchant and the small 
business man, and in fact about 999 out of every 1,000 people are nothing but 
slaves to the money power and will be until the NATIONAL CAPITAL AND 
LABOR PARTY takes charge of the Government at Washington in 1916. 



The NATIONAL CAPITAL AND LABOR PARTY is the only party with 
a definite program for the solving of this question. In comparison, all other 
questions sink into insignificance and are lost. This question must be settled, 
and settled quickly, or civil war will be inevitable. 

Every man and woman who wants to avert such awful consequences 
should work with all the strentgth and influence at their command for the 
building up of this party. It will mean more to you than you now realize. 



PLANK 24 

EXCLUSION OF FOREIGN LABORERS EXCEPT AS NEEDED AND SO- 
LICITED BY THE UNITED STATES GOVERNMENT. 

Believing that the best interests of the American Nation can be served 
by a restricted class of immigration coming up to a required standard, the 
Government will, under the NATIONAL CAPITAL AND LABOR PARTY, 
require that every person coming to the United States undergo a course of 
education previous to leaving his native country that will fit him to read, 
write and speak the English language in a satisfactory manner, and to realize 
and know the requirements of American citizenship. American instructors 
will be supplied to foreign countries if desired, at their expense, and such in- 
structors will be in position to judge the desirability or undesirability of the 
persons desiring to become American citizens. A severe penalty will be im- 
posed upon any steamship company carrying any laborers into this country 
in violation of this law, the penalty to be made for each individual case. 
Steamship companies must notify the proper Government officials at port of 
landing of any employees leaving their ships, which will relieve them of re- 
sponsibility, and assist their capture. 

The object of this law is to protect the American citizens in their rights, 
and this cannot be accomplished if the present laws permitting aliens of all 
classes to be brought to our shores, are allowed to remain in force, therefore 
any alien desiring to enter the United States to become a citizen must comply 
with the above requirements, and in addition must secure from the proper 
Government official at the port of landing a certificate which must be filed 
within six months at the Federal building at county seat where said alien lo- 
cates, setting forth the fact that he or she is desirous of becoming a citizen. 
Five years from date of said certificate, such person may, if all requirements 
have been fulfilled, take out their complete papers for citizenship and become 
land owners, but must reside in the United States sixteen years long before 
they are entitled to vote or become office holders. 



PLANK 25 

ALL OFFICES TO BE FILLED BY DIRECT VOTE OF THE PEOPLE 

It will be the duty of the NATIONAL CAPITAL AND LABOR PARTY 
administration to make such legal changes as will lawfully provide for the 
election of all officers by a direct vote of the people, and for the recall and 
disenfranchisement of any public official who fails to use every effort within 
his power to fulfill the party obligations to the people electing him to office. 



PLANK 26 

PROVIDING FOR A LIMIT OF 3 PER CENT ANNUAL INTEREST ON 
SECOND MORTGAGES, AND FOR A LIMIT OF 6 PER CENT ON ALL 
CHATTEL SECURITY AND ON ALL SHORT TIME LOANS— ADDI- 
TIONAL SECURITY PROVIDED FOR HOLDER OF SECOND MORT- 
GAGES, AND BORROWER PROTECTED FROM HIGHER RATES BY 
REQUIRING ALL NOTES TO BE RECORDED. 

Owing to the fact that all second mortgages are less desirable than first 
mortgages, they should take a higher rate, and provision will be made allow- 
ing same to carry an annual interest rate of not to exceed 3 per cent. Second 
mortgages on land will be secured further by the holder of same receiving 
one-third of each year's crop until tie same is paid, off, after said second 
mortgage becomes due. 

Banks, pawnbrokers and short time loan agents will be permitted to charge 
an annual interest rate of not to exceed 6 per cent per annum, on security 
other than second mortgages. 

The Government will require all notes, second mortgages and other se- 
curities of every nature to be recorded in the proper office in the Federal 
Building at each county seat, and any such securities not recorded need not 
be paid until they are recorded. This provision is to protect the borrower 
from being charged more than the legal Federal rate of interest. 



PLANK 27 

ALL MERCHANDISE OF EVERY KIND TO BE SOLD UNDER ENGLISH 
NAMES, THEREBY DOING AWAY WITH LATIN NAMES, WHICH 
ARE USED TO SUCH AN EXTENT TO BLIND THE PUBLIC. 

Under the NATIONAL CAPITAL AND LABOR PARTY administration, 
laws will be passed making it a misdemeanor to make or sell merchandise of 
any kind under any other name than the English name, and all compounds 
and mixtures must show the name of the ingredients of which they are made. 



PLANK 28 

EMPLOYMENT, RECREATION AND REST 

Under the principles advocated by the NATIONAL CAPITAL AND 
LABOR PARTY, the people are going to be employed to the limit of their 
endurance in order to keep up with the demand which will be made upon 
them, therefore some means must be provided to offset the effects of high 
tension employment. 

The human system cannot withstand steady employment without some 
relaxation and rest, and our present amnner of living has gotten us into the 
habit of using our day of rest (Sunday) more for a day of recreation and en- 
joyment than for one of rest. 

With a system in operation that assures steady employment for all, there 
will be no need of our keying ourselves up to the highest pitch in order to 
make enough money to carry us over the "hard times ahead." Under the 
new system there will be no such periods of hard times, therefore there is n& 
reason why we should not have both Saturday and Sunday for recreation and 
rest, using the one we choose for the day of rest and public worship, but on 
the day set aside for such rest and public worship no games or sports, such 
as ball and horse-racing, etc., will be allowed, the day of recreation providing 
for such amusements. 

This is really the only humane way of living. Public service corporations 
will be required to arrange their business so as to give their employees the 
necessary rest and recreation. 



PLANK 29 

ADMINISTRATION OF JUSTICE— CHANGES IN CRIMINAL LAWS TO 
BE MADE PROVIDING FOR STATE PROSECUTION AND COUNT? 
DEFENSE, WITHOUT COST TO DEFENDANT, UNLESS PROVEN 
GUILTY— VIOLATION OF ANTI-TRUST LAWS AUTOMATICALLY 
SOLVED. 

It is becoming more and more evident to the American people that there 
is one law for the rich and another one for the poor, or at least it appears to 
work out that way. 

Under the NATIONAL CAPITAL AND LABOR PARTY this condition 
will cease, as the "higher-ups" will be able to testify at that time. 

A change will be made which will require all criminal prosecutions to be 
made by the State, and all criminal defense to be made by the County where 
the case is tried, and without cost to the defendant unless guilt is proven to a 
point beyond any question of a doubt. 

The object of this being to do away with the court appointing a cheap 
class of new and inexperienced attorneys to defend a person charged with a 
crime, and often convicted on circumstantial evidence, which is an injustice, 
and should not prevail. 

The handling of the trust question under the Republican or Democratic 
party is nothing less than a huge farce, neither party attempting to do any- 
thing further than make a theatrical stage play of the whole affair for the 
amusement of the American people. 

Immediately upon gaining power of the Government, the NATIONAL 
CAPITAL AND LABOR PARTY hereby pledges itself that laws will be en- 
acted which will provide for the Government taking over and operating in- 
definitely the property of any person, firm or corporation who in any manner 
violates the anti-trust laws or other laws regulating corporations. Such own- 
ers to be allowed not over 1 per cent of the profits arising from such govern- 
mental operation in full payment for the use of said property. 

State laws must be made to conform to all Federal laws. 



PLANK 30 

BRIBE GIVING OR OFFERING TO BE MADE A MISDEMEANOR AF- 
FECTING THE WELFARE OF THE NATION AND PUNISHABLE BY 
FEDERAL IMPRISONMENT OF NOT LESS THAN 10 YEARS, D1SEN- 
FRANCHISEMENT AND HEAVY FINE, ONE-HALF OF WHICH WILL 
BE PAID THE INFORMANT UPON CONVICTION. 

Under the NATIONAL CAPITAL AND LABOR PARTY, Federal laws 
will be enacted making it a misdemeanor, punishable by heavy fine, DISEN- 
FRANCHISEMENT and imprisonment of not less than 10 years in the Federal 
prison, without parole, for any person, firm or corporation offering a bribe in 
money or other value, for influence in any manner affecting legislation, crim- 
inal or civil procedure, or municipal, county, state, national or private con- 
tracts for public works beneficial to the party making the offer, or to the ones 
instrumental in the offer being made. Wliere the bribe-giver is unable to pay 
the fine imposed, the fine will be collected by Federal action from the finan- 
cial interests causing the bribe to be offered, and the imprisonment will also 
be imposed upon the officers and directors of the said financial interests. 

The NATIONAL CAPITAL AND LABOR PARTY believes the time has 
arrived when the practice of heavy financial interests using influence upon 
legislation should be brought to a sudden termination, and this it promises to 
do immediately upon gaining power of control. 



PLANK 31 

BUILDING UP OF THE MERCHANT MARINE 

It is a self evident fact that we will, under the new plan of government, 
need a Merchant Marine of sufficient magnitude to handle the commerce oi 
the Nation, and this must be supplied. 

If the private financial interests under government supervision and con- 
trol cannot nor will not furnish the necessary means for doing this, the Gov- 
ernment will be obliged to do so, and the people can rest assured that this will 
be done. 

One important fact must not be lost sight of, and that is the fact that un- 
der the principles advocated by the NATIONAL CAPITAL AND LABOR 
PARTY our exports are going to decrease very materially, owing to the fact 
that our home consumption will be so increased that there will be little if any 
to export, but whatever there is for export will be properly taken care of. 
Our normal exports amount to practically only $25 per capita, therefore you 
will readily see that when we are paying the American people a high standard 
)f wages the home consumption will naturally take care of this amount of 
exports per capita several times over. 



PLANK 32 

PRINCIPLES OF THE NATIONAL CAPITAL AND LABOR PARTY AP- 
PLIED TO FRESNO COUNTY, CALIFORNIA. 

In order for anyone to make estimates on what the principles of the 
NATIONAL CAPITAL AND LABOR PARTY will do for their own county, 
the following statement as to what they will do for Fresno County, California, 
will serve as an example. 

Fresno County has 3,825,000 acres of land within its borders, of which 
1,728,000 acres is agricultural land, adapted to a diversity of products which 
no land in the world can excel. Of this vast empire onty 867,840 acres have 
been agriculturally developed. With a population of 90,000, Fresno County 
is worth over $153,000,000. The products of the year 1913 amounted to over 
$52,500,000, and 1914 will exceed this amount by several thousand dollars, so 
the Chamber of Commerce advises, as the figures are nearly ready for pub- 
lication. 

Out of the 1,728,000 acres of agricultural land, there are 867,000 acres 
improved and 861,000 acres unimproved, and out of the improved land there 
are about 400,000 acres irrigated. Fresno County land, highly improved, is 
worth all the way from $300 to $500 per acre, and will pay a good rate of in- 
terest on that valuation. Millions upon millions of dollars worth of improve- 
ments need to be made, but with first mortgages bearing interest at from 6 
per cent to 8 per cent, and sometimes higher, progress along that line is slow, 
or at least many times slower than it should be. But with available money for 
any purpose up to 50 per cent of the valuation of the land, it is a conservative 
estimate to make, that loans to the extent of an average of $100 per acre will 
be made upon the entire agricultural land of the county, viz., 1,728,000 acres, 
or first mortgages to the government amounting to $172,800,000, which at 2 
per cent per annum would amount to $3,456,000, which is over $1,456,000 
more than the entire taxes of the county. 

There are 3,600 miles of deed highways in Fresno County, all of which 
need permanent grading and macadam or hard surfacing, -which under gov- 
ernment supervision can be done for $4,000 per mile. This will require a bond 
issue of $14,400,000, the currency for which will be made available through 
the new proposed method of Bond Currency, under a special rate of 1 per 
cent per annum for highway purposes, on account of the highways being used 
to such a large extent for transportation of the United States mails. The 1 
per cent interest and 1 per cent sinking fund for the redemption of the bonds 
at the end of 100 years will require a levy of only 2 per cent, or $288,000 per 
annum, which, deducted from the $1,456,000 excess over and above the amount 
necessary to meet all our taxes of the county, will still leave over $1,168,000 
to go to the Government for the reduction of the Government expenses. 

By this method of putting up our first mortgage security, and our munici- 
pal, county and state bond security to the Government, which no man on 
earth can deny is gilt-edge security and the best on earth, and getting our 
money from the government based on this security, and paying the 2 per cent 



interest to the government instead of 6 per cent to 8 per cent to the money 
power, and the 2 per cent paid to the Government is refunded to each county 
to the extent of the taxes collected on real estate and personal proprty, and 
also to the amount of the interest and sinking fund on the highway bonds — 
by this method you will readily see that each county will, through the 2 per 
cent interest on the vast first mortgage loans and bond issues, get enough 
money back from the Government, refunded, to pay taxes and highway im- 
provements, which will be virtually getting free taxes and the best system of 
highways in the world, all without cost, for we are paying the "cost" to our- 
selves, the Government, instead of to the money power. The quicker this pro- 
gram is put into effect, the quicker you will be able to enjoy it. 

For example, let us take a person with a farm worth say $15,000, upon 
which he now has a mortgage of say $5,000, maturing in two, three or five 
years, bearing interest at 8 per cent per annum. Allowing that he has five 
years to raise the full amount of the principal will require him to clear $1,000 
annually for that purpose, and $400 more for interest and $100 for taxes, 
making $1,500 annually which he must make provision for under our present 
system, or run the risk of losing his farm if he is not able to renew the loan 
when it becomes due, and many loans are solicited and made with the object 
in view of beating the owner out of the property when it does becomes due, 
and several of these instances are already known, and more are being ascer- 
tained, which will be fully explained and shown up in the NATIONALIST 
when that paper is published, as it will be shortly. 

Under the system which is proposed by the NATIONAL CAPITAL AND 
LABOR PARTY, the farmer owning the above farm referred to, instead of 
having to dig up $1,500 annually or lose his property, will only have to meet 
his 2 per cent on $5,000, which amounts to only $100 annually, and this amount 
of $5,000 he can have the use of as long as he cares to, and he will always want 
to keep it, for he can use it to a better advantage than 2 per cent in making 
improvements and stocking up his farm, or for other purposes. You will 
readily see that this will be a saving of $1,400 annually to this party, and will 
do equally well for any other persons of smaller or larger means, in the same 
proportion. The overhead cost of a large part of our taxes will be reduced at 
once, and, as the taxes will be refunded by the government from the interest 
received from each county, you can readily see that the 2 per cent interest 
will more than cover the taxes which you are now paying. 



PLANK 33 

SUMMARY 

It is fully realized that the advocating of a change in our economic system 
which will result in a prompt and direct benefit to the common people through 
the operation of the NATIONAL CAPITAL AND LABOR PARTY is going 
to draw forth such a storm of opposition from certain quarters as was never 
before dreamed of. The advocating of the establishment of a system which 
will produce conditions that will automatically and effectually transform the 
death grip of the money power into the hands of the common people, is bound 
to create consternation among the present political politicians and their mas- 
ters, the capitalistic class. But their doom is sealed. The curbing of their 
greed and further increasing of their colossal aggregations of capital, if done 
quickly enough, may save them from a wrath, the fury of which will be un- 
governable, if the present centralization of wealth was to continue for a few 
years longer. 

What this nation needs is statesmen, not politicians, men who have more 
concern for the welfare of the whole people than they do for the upbuilding 
of vast fortunes for themsveles. We have got to get back to first principles 
and realize that the security of this nation, and the welfare of its people, rests 
in the principle of their being well fed, clothed, housed, having steady em- 
ployment, a high standard of wages and time for recreation and enjoyment 
of the pleasures of life. These things are impossible only at intervals under 
the system of private greed as is now in operation, therefore the system must 
be changed to meet present day requirements. The Republican party would 
not make such a change, for the money power completely dominates it. The 
Democratic j)arty has been tried several times, with results known to every- 
one. 

It therefore requires the formation of an entirely new party, based on 
entirely new principles, that party to come from the ranks of the common 
people, and when it becomes powerful enough to take control of the nation, 
as indications point to the probability of its doing in 1916, care should 
be taken in the selection of political aspirants who have shown more interest 
in the welfare of the people than they do in themselves. We will need men 
who believe in clean government and the enforcement of the law. 

The greatest men the American nation has produced have come from the 
common ranks of life, while very few, if any, have come from the class raised 
in the lap of luxury. Wealth does not in any manner signify greatness, and 
but very little respect. The men and women who hold the highest esteem of 
the masses are the ones who are sacrificing their lives in the cause of humanity 
and the betterment of the human race. Likewise, the ones who are the mosl 
hated and whose lives are the least missed, are the ones whose lives are spenl 
in amassing fortunes for themselves ami their posterity, through the oppres- 
sion of the workinsr class. 



PLANK 34 

GENERAL RESULTS WHICH WILL COME FROM THE ELECTION OP 
THE NATIONAL CAPITAL AND LABOR PARTY TO POWER. 

In order to present to the reader some information with which to fortify 
himself against the arguments which will be made against the adoption of the 
foregoing principles, let us look for a few minutes at some of the latest Gov- 
ernment statistics. 

At the present time we have a total national wealth of over $187,000,000,- 
000, or $1,965 per capita. Our national debt is $2,809,262,118.66, or about 
$28 per capita. Our entire amount of national currency is $3,419,168,368, or 
$34.53 per capita. The value of our agricultural land and buildings amounts 
to over $34,000,000,000. Partial and incomplete statistics of the value of city 
property gives 130 American cities as having over $30,000,000,000 of taxable 
property, and using this as a case for comparison, it would be safe to estimate 
that the entire value of all city real estate would equal at least $40,000,000,000, 
which would make a total valuation of agricultural and municipal real estate 
of about $75,000,000,000, or a loan or mortgage value of at least $40,000,000,000 
by 1920. Statistics give us the information that there is about $2,000,000,000 
of first mortgages on farm property in existence, and about $10,000,000,000 
of municipal, county and state bonds, but no information is available as to 
the value of municipal mortgages, which it would be safe to estimate at not 
less than $8,000,000,000, or at least a total of $20,000,000,000 in first mortgages 
and municipal, county and state bonds, that are now bearing interest at an 
average of better than 5 per cent per annum, or in other words we are paying 
the money power over $1,000,000,000 annually, or nearly one-third of all the 
money in the United States, to act as financial guardians of the American 
people, and assume the dictatorship of being our masters and to do our think- 
ing. This colossal absurdity does not end with first mortgages and municipal, 
county and state bonds, in fact, it only commences there. The same money 
power is in the saddle and riding on the backs of the American people in the 
matter of railroad stocks and bonds, and industrial stocks and bonds, 
which will include the largest and most influential corporations in 
the United States, and even extends to the government bonds of not 
only this nation, but recently to foreign nations, in the furnishing of money 
for war material with which to kill off a portion of those who support the 
system. A person or nation is partly excusable for its ignorance, but when 
a person or nation knows and realizes these conditions and will permit of 
their continuation, it is little short of criminal folly. 

With abundance of money available for mortgage loans and the purchas- 
ing of municipal, county and state bonds at a rate of only 2 per cent per 
annum, the amount of such mortgages and bonds will certainly increase many 
fold, and especially so as the national population, wealth and development in- 
creases, and when 2 per cent money can be had as wanted, it is a safe predic- 
tion to make that our national wealth will increase to such a point that will 
permit of a mortgage and bond issue valuation of over one hundred billion 
dollars ($100,000,000,000), whicli would bring in an interest revenue of over 



.$2,000,000,000, or practically double the present national receipts and expen- 
ditures. 

Yes, this will require a vast amount of new currency, but every dollar's 
worth of that new currency will be backed by at least two dollars' worth of 
security of actual cash value. If that security is gilt edge and all that is re- 
quired by the money power, that has its clutch on the throats of the American 
people in the operation of the present system, it is equally good for the Ameri- 
can people to use as a basis for issuing their own system of currency, and pay- 
ing the interest to themselves through the government for the abolishment of 
their own taxes and the reduction of revenues for government expenses, and 
at the same time giving them the use of money at a rate of only 2 per cent 
per annum, instead of paying the money power from 6 per cent to 8 per cent 
for acting as financial guardians over us, which must and eventually will 
produce conditions favoring national disintegration. 

Government statistics give us the in formation that we have over 2,000,000 
miles of public highways yet to be constructed in the United States, which 
under government methods of first class construction will cost $4,000 per 
mile, or a total cost of about $8,000,000,000, which at 1 per cent per annum 
special interest rate for public highways, will produce an interest revenue to 
the government and the people of about $80,000,000 annually. The amount of 
public highways "yet to be constructed," as given in the statistics, naturally 
only represents a part of the total highways in the United States, therefore 
the cost and the revenue to be derived therefrom will be increased proportion- 
ately, and may reach a point where the revenue would entirely support the 
national expenses of the government. 

At first thought, many people, in fact, most people, will fail to grasp the 
colossal importance of this new plan, thinking that this issue of new currency 
might in some manner decrease the value of our present national currency. 
If the government was to do as some people advocate, that is, to set its print- 
ing presses in operation turning out money in quantity, regardless of the 
foundation upon which the currency was issued, then, and in that case, the 
present national currency would be cheapened, in fact, it would be entirely 
upset and ruin would follow this course, but siich a plan is not considered in 
any way by the NATIONAL CAPITAL AND LABOR PARTY. The basis 
upon which our principles are founded are as firm and solid as any business 
principles in the world. This, no thoughtful man can deny. 

We have entirely outgrown our present system of doing our national 
business under our very limited amount of money per capita, and with prac- 
tically all of this money locked up in the vaults of the banks and the money 
power, there is but little left for the common people to do business on, hence 
the unemployment, under-consimiption, underfed, helpless and hopeless 
condition which the masses feel they have been plunged into. Are we going 
to submit to this kind of oppression much longer? 

Let us suppose, for the sake of argument, that the ruling class was to let 
some of their hoarded wealth out of concealment for a short time and the 
people temporarily believed that "prosperity had returned." Simply because 



they have decided to let some of the common people do a little work is no 
sign they do not still own the money that they are using. They do own it, 
and eventually it will come back again, plus the interest, and will be let out 
again, including the interest, and again it comes back plus the interest, and 
so on and on indefinitely, each time increasing in size and power until eventual- 
ly the ones who are depending on the occasional use of this money have 
become simply slaves to the ruling class, never to be freed until there is a 
change made that will automatically and consistently provide a safe and 
sound medium of exchange from some other source than the said money 
power. 

This provision, as you will notice if you read and understand, is amply 
adequate in the principles of the NATIONAL CAPITAL AND LABOR PARTY, 
and the election of that party to power will be the tolling of the death knell 
to the present blighting curse of modern times. 

"We are in the throes of an awful struggle. On one side we have the 
titanic grip of the money power backing the Republican party and its prin- 
ciples of protective tariffs and special privileges for the classes, and on the 
other side the Democratic party, with a lesser degree of tariffs and special 
privileges, clamoring to accomplish something which, without the backing of 
the money power, they know they are unable to accomplish, and daring not to 
come out and openly advocate the striking at the very root of the trouble. All 
the while the masses are patiently and hopefully looking on, trusting, through 
their ignorance of the system that has them hopelessly in its grip, that through 
some hook or crook there may something come out of the tangle that will give 
them a ray of hope for better conditions. But their looking is in vain. Provi- 
dence seems to have decreed that the priceless principles of a new dispensation 
should be given by a new political party, founded on justice to all. 

The principle that a few should rule the world and live off the sweat of 
the brow of the masses, is a principle that is fundamentally wrong in its 
foundation, and cannot always last. The great principle of equal justice to 
all, and the brotherhood of man on earth, is fundamentally right in its founda- 
tion, and must and will take the place of the present principle of personal 
greed. 

This little volume will be the means of giving a new light to the masses, 
and will show them a way of deliverance which will not only serve as their 
salvation, but will, through safe, sane and logical methods, make such neces- 
sary changes in our economic condition as will save the ruling class, which are 
the financial magnates of the country, from the wrath of an infuriated mob, 
which will certainly result from a much further continuation of the present 
system of exploitation and degradation of the masses. 

Let us look for a few minutes at what the principles of the NATIONAL 
CAPITAL AND LABOR PARTY will do for the masses. 

It will put into circulation a vast amount of new currency, made full legal 
tender for all purposes, and backed by the best security in the world. This 
new supply of currency will create a demand for labor that will put every man 
and woman in the United States to work at once. The wages will be set at a 
high standard by the Government. People can commence to actually live, for 



they will have a greater purchasing power, owing to receiving much better 
wages. Every factory in the United States will be running full time and new 
ones will be set in operation, owing to the demand that will be made for new 
products. Every farmer in the country will use the limit of money he can 
get at 2 per cent per annum for much needed improvements, and will keep 
that money in circulation as long as he can keep it at 2 per cent interest. 
Millions of new homes will be built, and the carpenters and contractors will 
be enjoying a continuous prosperity. Merchants, banks and business houses 
of all kinds will immediately take on a new life that will know no cessation. 
The money power that is now robbing the people will have all the business 
they can attend to in carrying on a legal business through corporation methods 
under strict governmental supervision. Human progress and civilization will 
reach a point utterly unobtainable under the system of burden we are now 
laboring under. 

Our present "lack of confidence" will be relegated to the boneyard of 
oblivion, and the American people will have finally come to a full realization 
of the principles involved in 

"THE NEW DECLARATION OF INDEPENDENCE, OR 
THE DOWNFALL OF FINANCIAL SLAVERY" 



AN APPEAL FOR FINANCIAL SUPPORT 

You have now read the party platform and should be able to realize what 
the adoption of such principles will mean to the Common People, of which you 
are undoubtedly one. Briefly, it will mean the greatest blessing that was 'ever 
showered upon the human race, the breaking of the fetters of financial bond- 
age, the restoration of American Manhood and Liberty, and the crushing to 
earth of the most hideous and poisonous serpent (the money power) that ever 
infested the globe. Similar or partial reforms by the Republican or Demo- 
cratic party could never accomplish the results which can be had through the 
NATIONAL CAPITAL AND LABOR PARTY, for the reason that the NA- 
TIONAL CAPITAL AND LABOR PARTY is the only party on the face of the 
universe that is not controlled by the money power, hence is the only party 
in the United States that can and will bring relief to the American People. It 
is your party, and it needs your support, both financially and morally. The 
money power makes large contributions to keep you in financial bondage and 
slavery, and it is up to you to make at least a small contribution to help free 
yourself. It is going to take money and supreme effort to get this gospel be- 
fore the common people in time to win the 1916 election, but with your help, 
both financially and otherwise, it can be done. Make this the effort of your 
life, and let the NATIONAL CAPITAL AND LABOR PARTY, of, by and for 
the common people, take charge of the affairs of the Nation with the largest, 
majority in the history of the world. The books of our party are open to the 
world for inspection — we have nothing to cover up. It 's a square deal for the 
common people, and through the NATIONAL CAPITAL AND LABOR PARTY 
they are going to win the greatest victory in the world. Simply enclose a 
check, money order or currency in a letter, together with your name and ad- 
dress, and you will be sent a receipt at once. Address, "National Secretary, 
National Capital %nd Labor Party, Fresno, California." 



LIBRARY OF CONGRESS 



027 273 648 




Official Publication 

of the 

National Capital and 
Labor Party 

{National Party) 

The only Capitalistic Newspaper in the 
United States owned and published by a 
Capitalistic Political Party Organization for 
the direct financial benefit of the Party Or- 
ganization, and the Common People, and not 
controlled Or dominated by the Money 
Power in any manner. 

A Newspaper dealing with the Political 
Issues that are advocated by the NATION- 
AL PARTY, directly benefiting 99 per cent 
of the people of the United States. 

Price $1.00 per year of 52 issues, payable 
in advance. 

Address — 

NATIONALIST, 

Fresno, California. 



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